18.1_Consumerism

The money that a person has after paying taxes is known as

• consumable income

• disposable income

• nontaxable income

• taxable income

How does a warranty protect a consumer?

• It contains information that allows consumers to comparison shop.

• It guarantees that a product has been tested.

• It lists the rights that all consumers have

• It promises to replace or repair a faulty product.

Which of the following makes you more likely to buy on an impulse?

• comparison shopping

• leaving the store while deciding on your purchase

• making a list of things you need

• paying by credit

Which U.S. president proposed that consumer rights be recognized?

• John F. Kennedy

• Franklin Roosevelt

• Theodore Roosevelt

• Harry Truman

Consumerism is a movement to _________.

• get consumers to buy more products

• get manufacturers to make more products

• educate consumers and demand safe, high-quality products

• educate consumers about budgeting when buying products

The FDA oversees food, drugs, and ________.

• medical devices

• animal feed

• advertising

• businesses

Which principle was included in the original consumer bill of rights?

• the right to service

• the right to be heard

• the right to consumer education

• the right to environmental health

Jill bought a washing machine. After two weeks, the washing machine stopped working. Jill should

______.

• buy a different washing machine

• check the warranty

• regret not doing better research before buying

• try to fix the washing machine

Which of the following is an example of impulse buying?

• waiting a day before purchasing a tempting item

• purchasing only the items that are on your shopping list

• buying a sweater just because it is your favorite color

• comparing prices in different stores before buying a camera

Which of the following is a private organization that rates companies and service providers according to

consumer standards?

• FDA

• FTC

• BBB

• FCC